Bank: SEB report negative for Swedbank and SHB – Credit Suisse
2015-07-14 14:26
(SIX) Credit Suisse believes that SEB's interim report implies negative signals for the Swedbank and Handelsbanken's interim reports with Referring to these banks are more sensitive to the decline in short-term interest rates, while they do not like SEB can benefit equally from strong business around the capital markets. It reports Dow Jones Newswires. Credit Suisse notes that SEB's net profit was over expectations, supported by a number of factors, but net interest income was well below expectations. SEB's net interest income for the second quarter amounted to 4.632 million, which was weaker than analysts' expectation 4.894 billion kronor, according to a survey from SIX News / Inquiry Financial. "Net interest income in the second quarter, reflecting the impact of the negative repo rates, "wrote SEB Interim Report. Swedbank interim report on Thursday and Handelsbanken in the next week. Johan Lind, Tel: +46 8586164 48 mailto: johan.lind@six-group.se www.blogg.six.seSIXNews SIX News
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